Stock Market Jump: The Indian stock market has returned to a boom today and enthusiasm is visible in the stock market. As soon as the market opened, the Nifty crossed 24350. The way the stock market had collapsed on Monday due to the pressure of the global markets, the domestic stock market has crossed that hurdle and achieved a great rise. Midcap has jumped by more than 1000 points and the market volatility index India VIX is down by about 13 percent. Bank Nifty has reached 50541 after a gain of 455 points.
Sensex jumped 950 points in the opening minutes
Within three minutes of the market opening, the BSE Sensex jumped 970 points or 1.23 per cent to reach 79,729 and the NSE Nifty rose 285.35 points or 1.19 per cent to reach 24,340.
How was the opening of the stock market
Today at 9.15 am, the BSE Sensex opened at 78,981 with a jump of 222.57 points or 0.28 percent in the Indian stock market. NSE’s Nifty opened at 24,189.85 with a gain of 134.25 points or 0.56 percent.
48 out of 50 Nifty stocks rose
Out of 50 Nifty stocks, 48 stocks are seeing a rise and Tata Motors is the biggest gainer with a gain of 3.58 percent. ONGC is up 2.98 percent and L&T is up 2.89 percent. JSW Steel is up 2.31 percent and Maruti is up 2.31 percent.
26 out of 30 Sensex stocks rose
Out of the top 30 Sensex stocks, 26 stocks are witnessing a rise and only 4 stocks are declining. Here, BEL’s stock is the top gainer with a rise of 3.41 percent and Tata Motors is up 3.09 percent. L&T is up 2.61 percent and ONGC is up 2.27 percent. JSW Steel has risen 2.15 percent.
There was an indication of growth from pre-opening itself
On Tuesday, in the pre-opening of the market, the Sensex was trading at 78886.62 with a jump of 127.22 points or 0.16 percent. The NSE Nifty was at the level of 24177.15 with a gain of 121.55 points or 0.51 percent.
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